BusyBody Company expects its November sales to be 15%higher than its October sales of $230000.Purchases were $130000in October and are expected to be $200000 in November. All sales are on credit and are collected as? follows: 30%in the month of the sale and 65%in the following month. Purchases are paid 30%in the month of purchase and 70%in the following month. The cash balance on November 1 is $13500.The cash balance on November 30 will be?
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